Fair Value Measurement at End of Period Using:

Quoted Prices

In Active

Markets

Significant

For

Other

Significant

Identical

Observable

Unobservable

Assets

Inputs

Total

(Level 1)

(Level 2)

(Level 3)

As of June 30, 2026:

Assets:

Money market funds(1)

$

11,626

$

11,626

$

—

$

—

U.S. Treasury securities

179,621

179,621

—

—

U.S. Government agency securities

14,868

—

14,868

—

Total

$

206,115

$

191,247

$

14,868

$

—

As of December 31, 2025:

Assets:

Money market funds(1)

$

15,141

$

15,141

$

—

$

—

U.S. Treasury securities

187,998

187,998

—

—

U.S. Government agency securities

14,991

—

14,991

—

Total

$

218,130

$

203,139

$

14,991

$

—